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Higher growth forecast for Malaysian economy this year

The Malaysian economy is expected to grow by between 6% and 6.5% this year, substantially above the 5.2% gross domestic product (GDP) growth attained last year. The Government's buoyant estimate puts Malaysia's economy on track to becoming one of the fastest growing in the Asia-Pacific this year, expected to be surpassed by only China, India and Thailand.


Revenue growth top of global CEOs’ agenda

CHIEF executive officers (CEOs) globally rate revenue growth as the number one priority in their organisations' financial performance over the next three years, and have identified Asia as the catalyst for global growth, a study conducted by IBM Business Consulting Services said.


China’s absence muffles forex message of G7

The Group of Seven (G7) is looking more and more like a doughnut: without fast-growing China in its ranks, there is a gaping hole at the heart of its policy-making.


Strong ties with Abertay Dundee

The University of Abertay Dundee marked the recent opening of its first permanent international office based in Malaysia with a ceremony to honour the local winners of its I>Dare to be Digital/Ientrepreneurship competition.


Aussie unemployment rate stays at 14-year low

Australia's unemploymemnt rate stayed at a 14-year low as the robust economy generated jobs in December for the sixth straight month, according to official data released Thursday.


2004 positive for SEA but risks remain

THE year 2003 has been a tough, but productive, one for Asia. The SARS and the Iraq war kept us on the defensive in the first half of the year. It was really not until the fourth quarter when the optimism we had been heralding finally appeared.


Insurers: Pension plans vital

Today, we feature the CEOs in the life insurance industry. They are Alex Foong Soo Hah of Great Eastern Life Assurance (M) Bhd, Tan Beng Wah of Asia Life (M) Bhd, Khor Hock Seng of John Hancock Life Insurance (M) Bhd, and K.H. Chia of Hong Leong Assurance Bhd, who is also president of the Life Insurance Association of Malaysia (Liam).


Funds poised for stronger global growth, survey shows

Global fund managers are positioned for stronger economic growth and equity markets next year although they expect interest rates to rise, according to the findings of the latest Merrill Lynch monthly survey.


CEO Outlook - Three sons driving growth

Three corporate captains featured in Thursday's CEO Outlook series: Datuk Nazir Razak of CIMB, Datuk Lee Oi Han of Kuala Lumpur Kepong Bhd (KLK) and Carl Bek-Nielsen of United Plantations Bhd (UP) - scions of Malaysia's most prominent families


Asians must innovate, says Mustapa

Asian countries must shift from merely being 'technology parrots,' consumers and manufacturers to become innovators of home-grown technologies, National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed said.